If you need financial help, ask under the "Finance, Tax, and Legal" forum.

The 1031 exchange rule to defer your tax is two part 1) reinvest all your proceeds and 2) purchase a property (or properties / DSTs/TICs) with an equal or greater market value.  

Maintain - includes taxes and insurance?

You'll want to put together a personal financial statement (basically lists of all your assets and liabilities) and have your tax returns ready.

Lots of depreciation you will pay no tax maybe even shield some W2 income.B.  8k maybe 10k if you pick the right guy to lend your money to in interest income you will be paying much higher tax rate on this income FYI no depreciation expense. 

I looked into this as well since I'm getting terribly bent over on my w-2 taxes. 

Keep in mind that you get to depreciate these appliances on your taxes.

@Trevor Finn yes, there is a very likely chance of having to sell the house due to relocating next year.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

I'd love to start my networking and also understand the tax complications of buying property while abroad.also FYI - my husband and I are looking to move to the USA at one point but most likely in 2026.